Very Rare Development Opportunity!!!
Dave Rowe is excited to offer to the market this outstanding development opportunity. With land almost impossible for investors to obtain this is an opportunity not to be missed.
The property is situated on a 1019m2 of prime land zoned R20 which makes it a duplex potential block (subject to approvals by the Town of Port Hedland).
Add to this a very wide frontage of 28.2 meters with the current Residential Codes showing a minimum frontage of 10 meters being required for a R20 site. This means you have the perfect block to build two new 4 x 2 homes side by side without having to waste any of the block on a long side driveway, subject to the existing residence being removed.
The property currently has an original 3 x 1 fibro on the property which would be required to be demolished to make way for your development. You would also have the option of renovating the fibro property and renting out at between $700 - $900 p/w while you arrange your development.
The property also has the following features:
- 3 x 1 Fibro / Iron
- Original condition but has potential
- Single garage on property
- Good sized bedrooms
- Extra shower in the laundry
The property is very rare in today's market and with a shortage of land being released in South Hedland this property will be highly sort after.
As a result we are taking offers on this property above $580,000 with a view to presenting all offers by Monday the 17th May, allowing each perspective buyer to complete their due diligence and submit their offer!!
For further information contact Dave on 0447 777 467 or dave@crawfordrealty.com.au